
Cardano Foundation’s X Account Hacked: Fake ADA Token Scam Unveiled
TL;DR The Cardano Foundation’s X account was hacked, leading to the promotion of a fake token called ADAsol and false claims about an SEC lawsuit. The
Cardano is a decentralized blockchain platform and cryptocurrency created in 2017. Its native cryptocurrency, ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystem through its use of a proof-of-stake consensus algorithm, which requires less energy than traditional proof-of-work algorithms.
Cardano’s development is driven by a scientific approach, with a focus on academic research and peer-reviewed papers. Its goal is to create a scalable and interoperable blockchain that can support a wide range of decentralized applications and use cases.
Cardano’s team has also created a unique governance model that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.
TL;DR The Cardano Foundation’s X account was hacked, leading to the promotion of a fake token called ADAsol and false claims about an SEC lawsuit. The
TL;DR Cardano’s Hydra protocol has achieved a record-breaking 1 million transactions per second (TPS), making it the fastest protocol in the blockchain ecosystem. Hydra’s performance surpasses
TL;DR Cardano has launched version 1.17.5 of its Lace wallet, focusing on optimizing synchronization and transaction data retrieval. The update includes improvements such as bug fixes
TL;DR Charles Hoskinson predicts Bitcoin could surge to $250,000–$500,000 within the next 12 to 24 months, driven by institutional investment and DeFi opportunities. Hoskinson views Bitcoin
TL;DR Charles Hoskinson proposes an ecosystem of hybrid apps that allow Bitcoin to be used directly in DeFi applications, without the need for other tokens. The
TL;DR The Cardano Foundation presented its first financial report, detailing the allocation of resources and achievements in key areas for 2023. The organization allocated $19.22 million
TL;DR Cardano (ADA) has seen a 72.97% increase over the past 7 days, reaching a price of $0.5801. Although ADA has seen a slight drop of
TL;DR Cardano made significant updates to its protocol, improving core technology, scalability, and governance to optimize its platform. The update from node v.10.1.1 to v.10.1.2 and
TL;DR Charles Hoskinson, founder of Cardano, revealed details about his personal investment in the development of the blockchain, emphasizing his commitment to the project. Charles addressed
TL;DR Charles Hoskinson envisions Cardano governing nation-states by 2030, utilizing blockchain for voting, governance, and currency management. Significant upgrades, including the Chang hard fork and node v.10.0 release, demonstrate Cardano’s capability to support this vision. Despite ADA’s price challenges, the surge in trading volume indicates investor confidence in Cardano’s long-term potential. Charles Hoskinson, the founder of Cardano, has unveiled his ambitious plans for the
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